Statements of Pantera Capital and Stock Exchanges Made That Altcoin Price Skyrocket!

Listing news for Notcoin (NOT) recently came from OKX and Binance, two leading global crypto exchanges. However, Notcoin has not been officially launched yet. However, after the Notcoin news, the TON price jumped 13 percent. Meanwhile, Pantera Capital’s statements were also effective in the jump in the altcoin price.

Will Notcoin develop the TON Blockchain ecosystem?

OKX will use its platform for their new crypto project Jumpstart to allow Toncoin (TON) holders to stake their coins for NOT tokens. They set a staking limit of 4,000 TONS per participant. The staking process will begin on May 13 at 09:00 CET. Meanwhile, cryptokoin.com As we reported, Binance Launchpool introduced Notcoin as its 54th project. It is possible for users to farm NOT by staking BNB and First Digital USD (FDUSD). Farming will start on May 13 at 03:00 CET.

Notcoin, a community token within the TON Blockchain, gained initial popularity through a viral tap-to-win game on Telegram. This game has 35 million participants. It also attracted users’ attention and introduced them to Web3 technologies. Notcoin is now focusing on building an ecosystem. Its current focus includes a gaming platform and Web3 project discovery tools. However, the official launch date for Notcoin is not yet clear.

NOTE developments pushed the price of this altcoin up!

Still, its listings on CoinGecko and CoinMarketCap indicate that the launch is imminent. This development positively affected TON Blockchain’s native token, Toncoin. Its price has increased by approximately 13% in the last 24 hours. The altcoin was trading at $6.86 at the time of writing.

altcoin
TON Price Performance. Source: CoinMarketCap

Pantera Capital: TON is our largest investment yet!

Aside from the highly anticipated launch of Notcoin, TON Blockchain has been making headlines lately, mainly due to its partnership craze. Important developments include a significant investment from Pantera Capital. Although it did not disclose the amount, Pantera Capital claimed that TON was their “largest investment ever.”

In a recent blog post, Dan Morehead, CEO of Pantera Capital, expressed his views on the transformative potential of Blockchain, influenced in part by his interactions with Telegram founder Pavel Durov. Morehead emphasized Durov’s commitment to the principles of freedom and openness that underpin the Telegram platform and thus the TON Blockchain. “We are honored to partner with people with such strong beliefs,” Morehead said. “Pantera recently made the largest investment in its history in TON,” he said.

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